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Whether you work at a hospital, run a private clinic, or practise independently, the Bajaj Finance Home Loan for doctors helps you achieve your homeownership goals. Eligible medical professionals across various specialisations can access funding of up to Rs. 15 crore* with interest rates starting at 7.75% p.a.*. Enjoy flexible repayment tenures of up to 32 years*, loan approval within 48 hours*, and convenient doorstep documentation. You can also transfer your existing home loan and explore top-up financing for additional financial needs, subject to eligibility.
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How to apply for a home loan for doctors in 15 mins*
Documents required to get a Bajaj Finserv Home Loan
Applying for a home loan for doctors is online and requires minimal branch visits. Here is the step-by-step guide to apply for a home loan for doctors online.
- Enter personal details
Please enter your personal information. We'll use it to complete your profile. - Enter property details
Provide your property details to continue. This helps us process your request accurately. - Check your eligibility
Find out if you're eligible in seconds no impact on your credit score. - Check your offer details
Review the offer made for you. Ensure everything looks good before you proceed.
*Estimated completion time is ideal condition.
Features and benefits of our home loan for doctors
The Bajaj Finance Home Loan for doctors offers competitive interest rates, flexible repayment tenures, and a convenient application process tailored to the financial needs of medical professionals. Explore the key features and benefits designed to make your home loan journey simpler.
All you need to know about our home loan
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Loan of up to Rs. 15 crore*
Buying a home is one of the biggest milestones. Achieve it with a sizeable amount of up to Rs. 15 crore*.
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Low interest rates
With our home loan interest rates starting at 7.75% p.a.* pay EMIs as low as Rs. 775/lakh*.
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Approval in 48 hours*
Your loan will be approved within 48 hours* of your application, in some cases, even earlier.
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Tenure of up to 32 years*
Repay your loan comfortably with our long repayment tenure ranging up to 32 years*.
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No foreclosure fee for individuals
Individual borrowers who choose a floating interest rate can foreclose the entire amount or prepay a part of the loan without paying an additional fee.
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Hassle-free application
Our doorstep document pick-up service reduces your multiple branch visits and makes loan application process easier.
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Balance transfer facility
Benefit from our home loan balance transfer facility and be eligible for a top-up loan of up to Rs. 1 crore* or higher.
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5000+ approved projects
Choose from our 5000+ approved projects to avail of a quick loan.
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Externally benchmarked interest rates
You can opt for interest rates linked to an external benchmark, such as the repo rate to benefit during favourable market conditions.
*Terms and conditions apply
Eligibility criteria and documents required for home loans for doctors
Qualifying for a housing loan for doctors is straightforward, whether you are salaried or run your own practice. Meeting these basic eligibility criteria and keeping documents ready helps you move from application to approval without delays.
Documents required to get a Bajaj Finserv Home Loan
Home loan eligibility criteria for doctors
Nationality | You must be an Indian citizen residing in India. |
Age | A self-employed doctor must be between 23 years to 70 years. *The upper age limit is considered as the age at the time of loan maturity. |
CIBIL Score | A CIBIL Score of 725 or higher is ideal to get a home loan. |
Employment Status | As a self-employed doctor, you must hold MBBS degree or subsequent higher degree. You should have a business continuity of over 5 years in the current Practice. |
Documents required for doctors
- KYC documents (identity and address proof)
- Proof of income (P&L Statement)
- Proof of Medical practice existence, and
- Account statements for the last 6 months
Note: This is an indicative list that may change based on your actual loan application.
Applicable fees and charges on our home loan for doctors
Knowing the full cost of borrowing helps you plan your finances with confidence. Beyond the interest rate, a home loan for doctors come with a few additional fees, including processing and prepayment-related charges. Here is the list of applicable fees and charges:
Type of fee | Applicable charges | ||
Rate of interest | Salaried | Self-employed | Doctors |
7.50% to 15.00%* | 8.05% to 10.65%* | 7.75% to 10.30%* | |
Processing fees | Up to 4% of the loan amount | ||
Bounce charges | Up to Rs.30 Lakh: Rs.500 More than Rs.30 Lakh and up to Rs.50 Lakh: Rs.500 More than Rs.50 Lakh and up to Rs.1 Crore: Rs.750 More than Rs.1 Crore and up to Rs.1.5 Crore: Rs.750 More than Rs.1.5 Crore and up to Rs.10 Crore: Rs.3000 | ||
Penal interest | Click here to know about the penal charges. | ||
Interest and Principal Statement Charges | NIL | ||
Part-prepayment charges** | Part-prepayment charges :- (1) For individual and non-individual borrowers with floating interest rate loans for non-business purposes: For Term Loan – Nil For Flexi Dropline Loan – Nil (2) For individual and non-individual borrowers with floating interest rate loans for business purposes and all borrowers with fixed interest rate** loans: For Term Loan – 2% on the part-prepayment amount. Flexi Dropline Loan - Nil *GST as applicable will be payable by the borrower in addition to the prepayment charges, if any. **Nil for home loans closed by borrowers out of their own sources. Own sources refer to any source, other than borrowing from a bank/NBFC/HFC and/or a financial institution. Note: In the case of dual-rate home loans (fixed for the initial period and then floating), the foreclosure/part-prepayment charges will be applicable as per the status of the loan as on the foreclosure/part-prepayment date. | ||
Foreclosure Charges | Foreclosure Charges :- (1) For individual and non-individual borrowers with floating interest rate loans for non-business purposes: For Term Loan – Nil For Flexi Dropline Loan – Nil (2) For individual and non-individual borrowers with floating interest rate loans for business purposes and all borrowers with fixed interest rate** loans: For Term Loan – 4%* on principal outstanding For Flexi Dropline Loan – 4%* on the sanctioned amount during the Flexi interest only loan repayment tenure; and 4%* on the available Flexi loan limit during the Flexi Dropline Loan tenure *GST as applicable will be payable by the borrower in addition to the prepayment charges, if any. **Nil for home loans closed by borrowers out of their own sources. Own sources refer to any source, other than borrowing from a bank/NBFC/HFC and/or a financial institution. Note: In the case of dual-rate home loans (fixed for the initial period and then floating), the foreclosure/part-prepayment charges will be applicable as per the status of the loan as on the foreclosure/part-prepayment date. | ||
Frequently asked questions
Overview
Eligibility and documents
Interest rates and tax benefits
Application and repayment
Who is eligible for a home loan for doctors?
Bajaj Finance offers a home loan for doctors to Indian citizens residing in India. Self-employed doctors must be aged between 23 years and 70 years at loan maturity, hold an MBBS or higher medical qualification, and have over five years of continuity in their current practice. A CIBIL Score of 725 or above is preferred. Approval remains subject to income and eligibility assessment.
What is the maximum amount a doctor can get?
Bajaj Finance offers home loans of up to Rs. 15 crore*, subject to eligibility. The amount you can borrow depends on your professional income, existing financial commitments, credit history, property value, and repayment capacity. Whether you are a salaried doctor or run your own practice, we assess your financial profile to determine a suitable loan amount and repayment tenure.
What CIBIL Score is required for a home loan for doctors?
A CIBIL Score of 725 or above is generally preferred when applying for a home loan for doctors. A strong credit score indicates responsible borrowing and repayment behaviour, which may improve your chances of approval and help you access favourable interest rates. Bajaj Finance also considers your income, existing loan obligations, professional stability, and overall repayment capacity during eligibility assessment.
What documents are required for a home loan for doctors?
To apply for a Bajaj Finance Home Loan for doctors, you need KYC documents for identity and address proof, income proof, and bank account statements for the last six months. Self-employed doctors must also provide a profit and loss statement and proof of medical practice. Additional documents may be requested as per the lender's requirements.
What is the interest rate on a home loan for doctors?
Bajaj Finance offers home loan interest rates for eligible doctors starting at 7.75% p.a.* Your applicable rate depends on your CIBIL Score, professional income, employment type, loan amount, and property details. We also offer flexible repayment tenures of up to 32 years*, allowing you to choose a monthly equated monthly instalment (EMI) that suits your financial commitments.
Can doctors claim tax benefits on a home loan?
Yes, eligible doctors can claim home loan tax deductions under the old tax regime. Section 80C allows deductions of up to Rs. 1.5 lakh on qualifying principal repayments, while Section 24(b) permits up to Rs. 2 lakh on interest for eligible self-occupied properties. Joint borrowers may claim deductions individually, subject to ownership, repayment contributions, and applicable tax conditions.
Can doctors transfer an existing home loan and get a top-up?
Yes, eligible doctors can transfer their existing home loan to Bajaj Finance and explore additional funding through a top-up loan. A balance transfer may help you access competitive interest rates or more suitable repayment terms. Top-up financing can support eligible additional expenses. Approval depends on your outstanding loan balance, repayment history, property assessment, and overall eligibility.
How long does home loan for doctors approval take?
Bajaj Finance offers home loan approval within 48 hours* subject to eligibility, complete documentation, and applicable verification requirements.
What do our customers say about us
Amit Shiva
Reviewed on 05 Mar 2025
Smooth and transparent home loan process. The interest rates were competitive, and documentation was minimal. The team guided me clearly at every step, making my first home purchase stress-free. Highly recommended for quick approvals.
Sandeep Kulkarni
Reviewed on 25 Feb 2025
The loan disbursal was fast, and the customer support team was extremely patient with all my queries. Flexible EMIs helped me manage my monthly expenses easily. A great experience for salaried homebuyers.
Ritika Agarwal
Reviewed on 13 Apr 2025
I had a great experience while transferring my existing home loan. The process was quick, and I saved significantly with the lower interest rate. Customer service was helpful throughout. Highly recommended for balance transfers.
Manoj Verghese
Reviewed on 09 Dec 2024
Clear guidance, quick approval, and flexible repayment options made buying my new house easier than expected. The team handled everything professionally. Very satisfied and would definitely recommend their home loans
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Disclaimer
Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.